Nationwide Fund Advisors grew its position in shares of Suncor Energy Inc. (NYSE:SU) (TSE:SU) by 20.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 143,931 shares of the oil and gas producer’s stock after buying an additional 24,740 shares during the quarter. Nationwide Fund Advisors’ holdings in Suncor Energy were worth $5,042,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. First Personal Financial Services lifted its holdings in shares of Suncor Energy by 144.1% during the 2nd quarter. First Personal Financial Services now owns 3,845 shares of the oil and gas producer’s stock valued at $112,000 after buying an additional 2,270 shares during the last quarter. Quadrant Capital Group LLC raised its stake in shares of Suncor Energy by 90.8% in the 2nd quarter. Quadrant Capital Group LLC now owns 4,725 shares of the oil and gas producer’s stock valued at $124,000 after acquiring an additional 2,248 shares in the last quarter. UBS Asset Management Americas Inc. raised its stake in shares of Suncor Energy by 13.7% in the 2nd quarter. UBS Asset Management Americas Inc. now owns 4,658 shares of the oil and gas producer’s stock valued at $136,000 after acquiring an additional 562 shares in the last quarter. Bronfman E.L. Rothschild L.P. raised its stake in shares of Suncor Energy by 50.6% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 6,362 shares of the oil and gas producer’s stock valued at $186,000 after acquiring an additional 2,138 shares in the last quarter. Finally, Advisory Services Network LLC raised its stake in shares of Suncor Energy by 3.9% in the 2nd quarter. Advisory Services Network LLC now owns 6,470 shares of the oil and gas producer’s stock valued at $189,000 after acquiring an additional 245 shares in the last quarter. Institutional investors and hedge funds own 65.61% of the company’s stock.

Several brokerages have commented on SU. BidaskClub downgraded Suncor Energy from a “hold” rating to a “sell” rating in a research report on Friday, August 18th. Canaccord Genuity reaffirmed a “buy” rating and issued a $51.00 price target on shares of Suncor Energy in a research report on Monday, October 16th. Edward Jones raised Suncor Energy from a “hold” rating to a “buy” rating in a research report on Monday, November 20th. Zacks Investment Research downgraded Suncor Energy from a “buy” rating to a “hold” rating in a research report on Monday, November 20th. Finally, TD Securities downgraded Suncor Energy from a “buy” rating to a “hold” rating and set a $50.00 price target on the stock. in a research report on Thursday, November 16th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $43.14.

Suncor Energy Inc. (NYSE SU) traded down $0.09 on Friday, hitting $34.21. The stock had a trading volume of 2,779,100 shares, compared to its average volume of 3,214,456. The company has a market capitalization of $56,761.63, a PE ratio of 29.57, a PEG ratio of 3.08 and a beta of 0.85. The company has a current ratio of 0.91, a quick ratio of 0.62 and a debt-to-equity ratio of 0.27. Suncor Energy Inc. has a 1-year low of $27.96 and a 1-year high of $36.71.

Suncor Energy (NYSE:SU) (TSE:SU) last released its quarterly earnings data on Wednesday, October 25th. The oil and gas producer reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.26 by $0.15. The business had revenue of $6.40 billion for the quarter, compared to analysts’ expectations of $6.80 billion. Suncor Energy had a return on equity of 5.68% and a net margin of 11.63%. analysts anticipate that Suncor Energy Inc. will post 1.31 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 22nd. Stockholders of record on Friday, December 1st will be given a dividend of $0.251 per share. The ex-dividend date is Thursday, November 30th. This is a boost from Suncor Energy’s previous quarterly dividend of $0.19. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.93%. Suncor Energy’s payout ratio is currently 60.84%.

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Suncor Energy Company Profile

Suncor Energy Inc is a Canada-based integrated energy company. The Company is focused on developing Canada’s petroleum resource basin, Athabasca oil sands. The Company operates in three business segments: Oil Sands, Exploration and Production (E&P), and Refining and Marketing. The Company’s Oil Sands segment includes Oil Sands operations and Oil Sands ventures operations.

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Institutional Ownership by Quarter for Suncor Energy (NYSE:SU)

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